Blossom Corporation uses an $11\%$ target rate of return for new investment proposals.

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$($a$)$

What is the cash payback period for this proposal? $($Round answer to $2$ decimal places, e$.$g$.10\mathrm{.}50.)$

Cash payback period

years

$($b$)$

What is the annual rate of return for the investment? $($Round answer to $2$ decimal places, e$.$g$.10\mathrm{.}50\%.)$

Annual rate of return for the investment

$($c$)$

What is the net present value of the investment? $($If the net present value is negative, use either a negative sign preceding the number e$.$g$.-45$

or parentheses eg $(45).$ Round answer to $0$ decimal places, e$.$g$.125.$ For calculation purposes, use $5$ decimal places as displayed in the

table provided.$)$

Net present value $